1 Venezuelan Bolivar to Magi. Chart, history price and prediction on tomorrow, next month, 2024 year

Price 1 Venezuelan Bolivar to Magi based on current data,
received from currency exchange exchanges as of 06 15, 2020, is 4.549786 XMG.

How much is 1 VEF in XMG?

06 15, 2020
1 VEF = 4.549786 XMG
▼ -0.7 %
1 XMG = 0.22 VEF
1 VEF = 4.549786 XMG

Chart of History of price changes 1 VEF in XMG

Price statistics 1 Venezuelan Bolivar in Magi

For 30 days
Minimum 4.521404 XMG
Maximum 5.229766 XMG
Weighted Average 4.67261 XMG
For 90 days
Minimum 4.521404 XMG
Maximum 6.640875 XMG
Weighted Average 5.206806 XMG
For 365 days
Minimum 4.521404 XMG
Maximum 6.640875 XMG
Weighted Average 5.206806 XMG

Change in the price of 1 VEF to XMG in the last 30 days

For the last 30 days (05 17, 2020 — 06 15, 2020) price 1 Venezuelan Bolivar against Magi changed by -12.93% (5.225567 XMG — 4.549786 XMG)

Change in the price of 1 VEF to XMG in the last 90 days

For the last 90 days (04 10, 2020 — 06 15, 2020) the price of 1 Venezuelan Bolivar against Magi changed by -29.53% (6.456558 XMG — 4.549786 XMG)

Change in the price of 1 VEF to XMG in the last 365 days

For the last 365 days (04 10, 2020 — 06 15, 2020) the price of 1 Venezuelan Bolivar against Magi changed by -29.53% (6.456558 XMG — 4.549786 XMG)

Change in the price of 1 VEF to XMG for the entire time

For all the time our site has been running (04 10, 2020 — 06 15, 2020) the price of 1 Venezuelan Bolivar against Magi changed by -29.53% (6.456558 XMG — 4.549786 XMG)

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Price prediction 1 Venezuelan Bolivar in Magi

Ways to predict the exchange rate and cryptocurrencies. 

  1. Technical analysis: This method uses past price and volume data to try to identify patterns that can indicate future price movements. Traders and investors use technical indicators, such as moving averages, MACD, RSI, and candlestick charts, to analyze the market and predict future trends. For example, if the price of Bitcoin has been trading in a range for a while, and then breaks out above a key resistance level, traders may expect the price to continue rising.

  2. Fundamental analysis: This method looks at underlying economic and financial factors to try to determine the intrinsic value of an asset. Fundamental analysis includes analyzing financial statements, economic indicators, news events, and other factors that can affect the supply and demand of an asset. For example, if a country's central bank raises interest rates, the currency of that country may appreciate against other currencies.

  3. Sentiment analysis: This method uses social media and other sources to gauge market sentiment and investor psychology. Traders and investors use sentiment analysis to try to identify trends and potential turning points in the market. For example, if there is a lot of negative news and sentiment surrounding a particular cryptocurrency, traders may expect the price to decline.

  4. Machine learning and AI: This method uses algorithms and statistical models to analyze large amounts of data and make predictions about future price movements. Machine learning algorithms can learn from past data and adjust their predictions as new data becomes available. For example, a machine learning algorithm could analyze past price data, news articles, social media sentiment, and other factors to make predictions about the future price of a particular cryptocurrency.

Prediction of 1 Venezuelan Bolivar in Magi for the next 30 days*

27/06 4.550141 XMG ▲ 0.01 %
28/06 4.369943 XMG ▼ -3.96 %
29/06 4.147735 XMG ▼ -5.08 %
30/06 4.132025 XMG ▼ -0.38 %
01/07 4.128037 XMG ▼ -0.1 %
02/07 4.146749 XMG ▲ 0.45 %
03/07 4.154326 XMG ▲ 0.18 %
04/07 4.155289 XMG ▲ 0.02 %
05/07 4.156843 XMG ▲ 0.04 %
06/07 4.144251 XMG ▼ -0.3 %
07/07 3.937061 XMG ▼ -5 %
08/07 4.272155 XMG ▲ 8.51 %
09/07 4.17679 XMG ▼ -2.23 %
10/07 4.174309 XMG ▼ -0.06 %
11/07 4.172419 XMG ▼ -0.05 %
12/07 4.188303 XMG ▲ 0.38 %
13/07 4.097886 XMG ▼ -2.16 %
14/07 4.219902 XMG ▲ 2.98 %
15/07 4.198015 XMG ▼ -0.52 %
16/07 4.186894 XMG ▼ -0.26 %
17/07 4.199325 XMG ▲ 0.3 %
18/07 4.196531 XMG ▼ -0.07 %
19/07 4.153738 XMG ▼ -1.02 %
20/07 4.089043 XMG ▼ -1.56 %
21/07 4.087362 XMG ▼ -0.04 %
22/07 4.095007 XMG ▲ 0.19 %
23/07 4.126547 XMG ▲ 0.77 %
24/07 4.133046 XMG ▲ 0.16 %
25/07 4.136064 XMG ▲ 0.07 %
26/07 4.134806 XMG ▼ -0.03 %

* — The prediction of the price of 1 Venezuelan Bolivar in Magi is made by our specialists based on statistical data, global trends and major business news. Price prediction of 1 Venezuelan Bolivar in Magi for 30 days, 3 months and a year are made by different experts and may have slight differences.

Prediction of 1 Venezuelan Bolivar in Magi for the next 3 months*

01/07 — 07/07 4.643239 XMG ▲ 2.05 %
08/07 — 14/07 4.470817 XMG ▼ -3.71 %
15/07 — 21/07 4.18238 XMG ▼ -6.45 %
22/07 — 28/07 3.373845 XMG ▼ -19.33 %
29/07 — 04/08 3.250455 XMG ▼ -3.66 %
05/08 — 11/08 3.437336 XMG ▲ 5.75 %
12/08 — 18/08 3.248449 XMG ▼ -5.5 %
19/08 — 25/08 3.206278 XMG ▼ -1.3 %
26/08 — 01/09 3.162582 XMG ▼ -1.36 %
02/09 — 08/09 3.150989 XMG ▼ -0.37 %

Prediction of 1 Venezuelan Bolivar in Magi for the next year*

07/2024 3.992119 XMG ▼ -12.26 %
08/2024 3.379776 XMG ▼ -15.34 %
09/2024 3.335496 XMG ▼ -1.31 %

FAQ

What is the price 1 VEF in XMG today, 06 15, 2020?

As of today, the price of 1 Venezuelan Bolivar to Magi is - 4.549786 XMG

What will be the price 1 VEF in XMG tomorrow 2024.06.27?

For tomorrow 1 Venezuelan Bolivar to Magi exchange rate - 5 xmg

What will be the price 1 VEF in XMG in the next month?

Our analysts have made a detailed prediction price 1 Venezuelan Bolivar to Magi for the next month. You can see it by this link. For your convenience, it is broken down by day. Please note that this is only an approximate prediction and actual data may vary.

What will be the price 1 VEF in XMG in the next 3 months?

Our analysts have made a detailed prediction price 1 Venezuelan Bolivar to Magi for the next quarter. You can see it by this link. For your convenience, it is broken down by week. Please note that this is only an approximate prediction and actual data may vary.

What will be the price 1 VEF in XMG in the coming year?

Our analysts have made a detailed prediction price 1 Venezuelan Bolivar to Magi for the next year ahead. You can see it by this link. For your convenience, it is broken down by month. Please note that this is only an approximate prediction and actual data may vary.

Our expert

All forecasts on our website are made by our professional financial experts. Here are just a few of them:

Anthony Carter Anthony Carter CEO, lead analyst
David Bailey David Bailey Managing Director, Director of research Department
Anthony Glenn Anthony Glenn Deputy head of analytical Department
Joseph Hensley Joseph Hensley Senior analyst, markets and equities Department